The Flex Banner Market Size across the globe accounted for xx Mn US$ in the historical year (2017) and is expected to react at xx MN US$ by the end of 2025, exhibiting a CAGR of xx% over the forecast period (2018-2025). Key factors driving the flex banner market growth include cost effectiveness along with easy availability and quick deployment. Moreover, because of their lasting image of being a noteworthy mass medium for advertisement, flex banners are continuously witnessing a healthy growth since past few years, besides a large and colorful banner is capable of creating even more staggering impact.
The global flex banner market has been segmented by different types, application and geography. Further, type segment of the market has been bifurcated into backlit and frontlit. Likewise, application segment of flex banner market across the globe has been sub-segmented into BFSI, retail, entertainment and sports & leisure. Application segment of the market is led by retail sector owing to its reliability as well as a lower investment advertising tool. Furthermore, as a result of mindboggling competition happening among the companies of retail sector, they ought to advertise their unique features, for which flex banners offers an effective brand campaign functionality. Besides, retailers are more and more relying over these backlit as well as front lit boards for easy communication among store operations and consumers.
Geographically, global market of flex banner has been segregated into several key regions covering North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Asia- Pacific is the booming market of flex banner, where China and India contribute the major share respectively. The growth of the regional market is due to rising rate of literacy rate, flourishing economy plus constant demand for printing and packaging requirements.
The global market for flex banners is vastly fragmented, with number of prominent players operating in its competitive edge. Moreover, several local players as well as small scale companies account for a majority of the flex banner market share. Some of the key players in global market include Ultraflexx, Qrex Flex, Pioneer Flex, LG Hausys, 3M, Cooley Brand and Hongshida.
Key segments of the global flex banner market include:
- Type segment of flex banner market
- Applications segment of flex banner market
- Sports & Leisure
- Geographical segmentation of flex banner market
- North America
- United States
- South Korea
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
What to expect from the upcoming report on ‘Global Flex Banner Market’:
-Analysis over future prospects as well as Global Flex Banner Market trends
- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
- Supportive initiatives by government likely to influence the market dynamics.
- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
- In-depth analysis of different market segmentations including types, application and geographical regions.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
- Value Chain and Sales Channels Analysis
Who should buy this report?
- Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy